The North America contrast media injectors market is expected to reach US$ 507.8 Mn in 2027 from US$ 271.0 Mn in 2018. The market is estimated to grow with a CAGR of 7.3% from 2019-2027.
Market Growth Driven by Rising Approvals for Contrast Agents and Increasing Prevalence of Chronic Diseases
The growth of the North America contrast media injectors market is primarily fueled by two key factors: the rising number of approvals for contrast agents and the increasing patient population suffering from chronic diseases. However, market expansion may face challenges due to the side effects associated with contrast media agents and a shortage of skilled professionals in the region.
The Impact of Chronic Diseases on Healthcare and Market Demand
In an aging society, chronic diseases have become a leading burden on healthcare systems. To maintain quality of life while ensuring affordability, technological advancements in diagnostic imaging are essential. Chronic diseases—defined as medical conditions lasting a year or longer, requiring ongoing medical care or limiting daily activities—are among the top causes of death and disability worldwide.
Conditions such as cancer, cardiovascular diseases, and musculoskeletal disorders frequently necessitate advanced imaging techniques for diagnosis and treatment monitoring. According to the National Center for Chronic Disease Prevention and Health Promotion, chronic diseases account for $3.3 trillion in annual healthcare costs in the U.S. alone.
Rising Prevalence of Chronic Diseases in the U.S.
The Centers for Disease Control and Prevention (CDC) reports that:
- 6 in 10 U.S. adults suffer from at least one chronic disease.
- 4 in 10 adults have two or more chronic conditions.
- Approximately 133 million Americans live with a chronic illness, as per the U.S. Department of Health and Human Services.
Chronic diseases also drive significant healthcare utilization:
- 81% of hospital admissions
- 91% of all prescriptions filled
- 76% of all physician visits
The escalating costs of chronic diseases impact both employers and employees through rising healthcare expenditures, driven by greater demand for medical services. Consequently, the growing patient pool requiring diagnostic imaging is expected to propel the contrast media injectors market in the U.S.
U.S. Market Leadership in North America
The U.S. is projected to dominate the North America contrast media injectors market, supported by increasing regulatory approvals for contrast agents and the high prevalence of chronic diseases. However, potential side effects of contrast media and a shortage of trained professionals could hinder growth.
Considering these factors, the U.S. is anticipated to hold the largest market share in North America in the coming years, driven by sustained demand for advanced diagnostic imaging solutions.
North America Contrast Media Injectors – Market Segmentation
North America contrast media injectors market By Product
- Injector Systems
- MRI Injector Systems
- CT Injector Systems
- Angiography Injector Systems
- Consumables
- Injector Heads
- Single Head Injectors
- Dual Head Injectors
- Syringe less Injectors
- Tubing
- Syringes
- Other Consumables
- Injector Heads
- Accessories
North America contrast media injectors market By Application
- Interventional Cardiology
- Interventional Radiology
- Radiology
North America contrast media injectors market By Geography
- North America
- US
- Canada
- Mexico
North America contrast media injectors market Company Profiles
- Boston Scientific Corporation
- Shenzhen Xinguan Electromechanical Co. Ltd.
- ulrich GmbH & Co.KG.
- APOLLO RT Co. Ltd.
- Bracco Imaging S.p.A.
- Guerbet SA
- Cook Medical Incorporated
- Smiths Medical
- Sino Medical-Device Technology Co., Ltd.,
- Bayer AG
- Nemoto Kyorindo Co., Ltd.
- General Electric
- AngioDynamics.
North America contrast media injectors market Strategic Insights
Strategic insights for the North America contrast media injectors market provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the North America contrast media injectors market.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
